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GREENFIELD SMELTER
Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demergerFour demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expect...- Vedanta demerger: Which demerged stock should you buy after their market debut on June 15?Vedanta's mega demerger sees four new companies listing on June 15. Analysts suggest Vedanta Aluminium Metal as a strong buy due to capacit...
- Coal India board approves pre-feasibility report for greenfield aluminium project in OdishaThe greenfield aluminium project will include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its...
- Super Smelters to invest close to Rs 1,000 crore in setting up a greenfield steel unit in West BengalAs part of its brownfield expansion, Super Smelters is planning to double the capacity of its unit in Jamuria to 40,000 tonnes per month (t...
- NALCO to invest Rs 20,000 crore on new projects, expansionFollowing the "stellar performance" in 2017-18, Chand said the company is all set to invest over Rs 30,000 crore over the next four years t...
- Hindalco's Q3 net profit grows 7.5% at Rs 359 croreAluminium major Hindalco Ltd's profit after tax grew by a modest 7.5 per cent at Rs 359 crore in Q3 FY15 due to a sharp rise in the finance...
- Crisil lowers Hindalco Industries' long-term debt ratingCrisil downgraded Hindalco's long-term debt rating to ‘AA/Stable’ from ‘AA+/ Stable’, citing slow ramp-up of volumes at its greenfield proj...
- Alcoa in talks with Indian companies to sell surplus aluminaAlcoa entered India in 2001 when it teamed up with Hindalco to bid for Balco, which was eventually acquired by Sterlite Industries.
- Vedanta to focus on Jharsuguda smelter plant expansionVedanta Aluminium has decided to focus on completing its aluminium smelter plant at Jharsuguda in Orissa to achieve its targeted capacity o...
- Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projectsThe VAL has also plans to set up an Aluminium Park in Jharsuguda at an estimated cost Rs 15000-Rs 20000 cr that will co-locate multiple dow...
- Hindalco raises Rs 7,875 cr for aluminum smelter plantHindalco raised the loan from a syndicate of 31 banks on a floating rate basis for a tenor of 12.75 years.
- Hindalco to raise Rs 2,900 cr to part-fund 3 new projectsHindalco Industries, part of the Aditya Birla group, on Monday initiated the process of raising up to Rs 2,900 crore by selling shares to i...
- Nalco plans for emerging as global giantBuoyed by the Navaratna Status conferred upon it, National Aluminium Company Ltd (NALCO) has drawn ambitious growth plans worth Rs 40,000 c...
- NALCO inks MoU with IndonesiaNational Aluminium Co (NALCO) signed an MoU with the Indonesian government in Jakarta on Friday
- Nalco lines up Rs 11k cr for Indonesian projectNational Aluminium Co (Nalco) has firmed up plans to invest Rs 11,000 crore in a mega greenfield smelter and thermal power project in Indon...
- NALCO to invest Rs 30,000 cr to build smelter in IndonesiaState-run National Aluminium Company (NALCO) plans to invest a whopping Rs 30,000 crore over the next five years for setting up a smelter a...
- Rio Tinto in Malaysian venture to build aluminum smelterGlobal miner Rio Tinto Ltd and Malaysian conglomerate Cahya Mata Sarawak signed a pact today to jointly build an aluminum smelter in Malays...
- Nalco in talks to acquire smelter in Middle-EastNalco has said that it is in advanced state of negotiations to set up an aluminium smelter in the Gulf region at an investment of Rs 15,000...
- Nalco's project in Middle East hits roadblockAluminium giant NALCO's plan to construct a Rs 16,000 crore greenfield smelter in Middle East has run into serious trouble with Qatar, Oman...
- Indonesia tops Nalco list for overseas ventureNational Aluminium Company (Nalco) has shortlisted Indonesia as the top country of choice for its maiden overseas venture.
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